All quite on the Western Front

[thunderdownunder]

Come on lads, the biggest and most important number is due out tomorrow. Sqiddy says it has lowered its estimate for an annualized growth rate from 3.2% down to 2.7% - a day before its release. In horse racing terms its called the 'late mail'.
well I have some late mail as well.
GMAC back at the taxpayer trough for a lazy $2.8 billion - Kill this thing now
Unexpected fall in ....... fill in the blanks - and no more talk anywhere of green shoots
Asian markets going Lemming diving as we speak
CIT pulls another rabbit out of the hat with another $4.5 billion funding 'find'
Shitty bank killing itself slowly by cutting its veins on credit cards.
Congress still hasn't done a damn thing to address any of the obvious needs to curtail the Banksters - Probably way busy counting the 'cash for veto' coming in from the Banksters and to this end I offer this from ZH - http://www.zerohedge.com/article/gue...ting-out-joint :eek:
New home sales lemming diving again - Stimulus gone
New car sales lemming diving again - Stimulus gone
BUT what I really want to know is will they 'seasonally adjust' Thursdays figures for "Government pump priming" or do I have to manually remove 4% from the Goldman figure to get the true picture.
Goldman really do think they are masters of the whole universe but the doorway is very narrow to shove all of the above through

[FRED]

Re: All quite on the Western Front

Come on lads, the biggest and most important number is due out tomorrow. Sqiddy says it has lowered its estimate for an annualized growth rate from 3.2% down to 2.7% - a day before its release. In horse racing terms its called the 'late mail'.
well I have some late mail as well.
GMAC back at the taxpayer trough for a lazy $2.8 billion - Kill this thing now
Unexpected fall in ....... fill in the blanks - and no more talk anywhere of green shoots
Asian markets going Lemming diving as we speak
CIT pulls another rabbit out of the hat with another $4.5 billion funding 'find'
Shitty bank killing itself slowly by cutting its veins on credit cards.
Congress still hasn't done a damn thing to address any of the obvious needs to curtail the Banksters - Probably way busy counting the 'cash for veto' coming in from the Banksters and to this end I offer this from ZH - http://www.zerohedge.com/article/gue...ting-out-joint :eek:
New home sales lemming diving again - Stimulus gone
New car sales lemming diving again - Stimulus gone
BUT what I really want to know is will they 'seasonally adjust' Thursdays figures for "Government pump priming" or do I have to manually remove 4% from the Goldman figure to get the true picture.
Goldman really do think they are masters of the whole universe but the doorway is very narrow to shove all of the above through

So you see why we didn't jump onto the "New Bull Market" bandwagon everyone else was on two weeks ago?

[GRG55]

Re: All quite on the Western Front

So you see why we didn't jump onto the "New Bull Market" bandwagon everyone else was on two weeks ago?

Oh yee of little faith...how can you resist the siren call of the bullhorn?

U.S. Stock Futures Rise Before GDP Report; Yen, Dollar Decline

Oct. 29 (Bloomberg) -- U.S. stock index futures rose, indicating the Standard & Poor’s 500 Index may halt a four-day slide, before a report that may show the world’s biggest economy emerged from its recession...

...The Commerce Department may say the U.S. economy expanded for the first time in more than a year in the third quarter, reassuring investors...



Economy in U.S. Probably Shook Off Recession in Third Quarter

Oct. 29 (Bloomberg) -- The U.S. economy probably grew in the third quarter for the first time in more than a year, driven by gains in consumer and government spending that have failed to reduce unemployment.

The world’s largest economy expanded at a 3.2 percent annual pace from July through September after shrinking in the previous four quarters, according to the median estimate of 79 economists surveyed by Bloomberg News. Household purchases likely rose by the most since the first three months of 2007...

What's not to like about the "China Will Save The Rest of The World" story...:rolleyes:

Goldman Sees 30% Gain for Chinese Stocks Through 2010

Oct. 29 (Bloomberg) -- China stocks remain “a bright spot” and are set to rise by 30 percent through 2010 as the nation’s domestic demand increases, even though concerns over policy tightening will spur volatility, Goldman Sachs Group Inc. said.

Banks, insurers, internet businesses, health-care services and equipment providers will benefit most from the rising spending power of Chinese, Goldman Sachs said in a research note today...

And besides all that...Warren is back! ;)

Buffett Beats Gross in Global Poll as Investor With Most Wisdom

Oct. 29 (Bloomberg) -- The Oracle of Omaha retains his pre-eminence as a market visionary, outshining a new wave of financial strategists and the best-known central bankers.

Billionaire investor Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., is regarded as the best assessor of financial markets by a plurality of almost one-fourth of respondents to the quarterly poll of investors, traders and analysts who subscribe to the Bloomberg terminal...